Originally Posted by
jtriple7
I came over here to see what the current rumor status was on merger/ aquisitions ...... So what do you think? Buying jetblue before end of this year or mid 2018?
JetBlue's market cap is $7.5B plus they have $5B in debt. So buying them at market value would cost about $12.5B. It would be even stupider than Alaska spending effectively $4B for Virgin America. Given how management is throwing cash at stock repurchases, there is no way they would dilute the stock with an all stock merger and there isn't enough cash on hand to do it.
I predict a big order in the fall for jets and United will grow organically.